Japan Crustacean Market was valued at USD 7.3 Billion in 2022 and is projected to reach USD 10.1 Billion by 2030, growing at a CAGR of 4.6% from 2024 to 2030.
The Japan crustacean market is a significant segment of the country's broader seafood industry, primarily driven by its robust food sector. Crustaceans, including crabs, lobsters, and shrimps, are integral to Japanese cuisine, celebrated for their flavor, texture, and nutritional value. These seafood varieties are used in various traditional dishes, such as sushi, sashimi, tempura, and nabe, a Japanese hot pot. The demand for crustaceans in the food industry is perpetuated by the high domestic consumption and the popularity of Japanese cuisine worldwide, fostering a stable market. Additionally, the growing trend of dining out and the proliferation of seafood restaurants have significantly contributed to the demand for high-quality crustacean products. This has led to advancements in aquaculture techniques to ensure a consistent and sustainable supply, meeting both local and international market needs.
The pharmaceutical industry in Japan leverages crustaceans for their biomedical and therapeutic properties. Chitin and chitosan, biopolymers derived from crustacean shells, are widely used in medical applications due to their biocompatibility, biodegradability, and non-toxic nature. These substances are integral in producing wound dressings, drug delivery systems, and as dietary supplements. The rising awareness of the health benefits associated with crustacean-derived compounds has led to increased research and development in this sector. Moreover, the aging population in Japan has heightened the demand for advanced healthcare solutions, propelling the market for crustacean-based pharmaceutical products. This trend underscores the importance of sustainable harvesting and processing techniques to ensure a steady supply of raw materials, aligning with the country's stringent health and safety regulations.
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Charoen Pokphand Food
High Liner Foods
Royal Greenland
The Clover Leaf Seafoods Family
Ocean America Food
Rich Products
Trident Seafoods
International Fish Farming Holding Company(PSC)
DNI
Surapon Foods Public
Siam
Sirena
Morubel
Blue Star Seafood
Maruha Nichiro
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Japan Crustacean Market
Food Industry
Pharmaceutical Industry
Cosmetic Industry
Based on Types the Market is categorized into Below types that held the largest Crustacean market share In 2023.
Lobster
Shrimp
Crab
Japan (United States, Japan and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Japan Crustacean Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Japan Crustacean Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Japan Crustacean Market, By Type
6. Japan Crustacean Market, By Application
7. Japan Crustacean Market, By Geography
Japan
Europe
Asia Pacific
Rest of the World
8. Japan Crustacean Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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